![Skorpios: A new Technical Environmental Study for the investment has been approved](https://www.ot.gr/wp-content/uploads/2022/01/3.png)
The licenses of the Ministry of Environment and Energy for the transformation of the island of Skorpios into a luxury resort are in progress. Last Friday, the ministry’s Environmental Licensing Directorate signed the approval of a new Technical Environmental Study (TE.PE.M) as the design of the construction site was modified, which serves the construction of the small port in the area of Panagitsa, the management of the seabed, as well as the time planning of the construction works of the Luxury Tourist Unit on Skorpios.
![](http://www.ot.gr/wp-content/uploads/2022/01/13-600x324.png)
The private island of Aristotle Onassis bought by Russian tycoon Dmitry Rybolovlev in 2013 will be turned into a VIP Exclusive Club. It is noteworthy that, based on the architectural study for the project on Skorpios (in the context of the implementation of the strategic investment, owned by Mycenae SA) which was approved by the Central Council of Architecture about a year ago, 9 “building units” are provided for. The strategic investment is limited to the area of 800 acres of the island and has a budget of about 165 million euros.
The first building unit will include the main tourist complex with a presidential suite, the existing Pink House as well as the villas of the main tourist complex. The second will include the so-called “remote villas” while the third section includes a Multipurpose Center and Sports Facilities which is located in a central location on Skorpios where similar uses existed in the past.
On the east beach, bathers’ service facilities are expanding. A new waiting area will be created in the manager’s villa near the helipad, replacing the existing structure which is being demolished. Also two more building units (sixth and seventh) will include existing and new buildings as well as the new Equestrian Center in the southwestern part of the island. The Hill House remains in a spot overlooking the… endless azure sea and the surrounding islands. Also, the Amphitheater has been designed in the investment as a place for events.
Based on the architectural study, bathing service facilities for the south beach, port facility, helipad, farm, church, agricultural crops, the Panagitsa pier and a greenhouse are envisaged. The principles of bioclimatic design are adopted throughout the investment plan.
According to the new Technical Environmental Study and given that the construction of the project will be done in phases, to minimize environmental pressures on the natural environment of the area, the required construction sites will operate exclusively for a certain period of time, based on the schedule which has now been extended due to the pandemic emergency. The initial schedule envisages completion of the project at the end of 2023, in order to receive the first guests in 2024.
Due to the sensitive ecosystem, the environmental study of the project foresees that the construction works of the technical projects that may affect the marine environment must be supervised by specialized scientists, in order to ensure the protection of Poseidonia grasslands. In areas where sea currents are not strong, sludge trap curtains will be used to limit the dispersion of sediment during the construction phase of port and marine engineering projects.
For construction sites, restoration techniques should ensure that the environmental impact of the construction work and the restoration of the landscape are minimized as much as possible, or that landscaping is created in the areas that were degraded during the construction phase. Also, after the completion of the construction works on the construction sites, the slopes should be protected from corrosion, the ground should be restored and it should be returned to its original condition.
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
Latest News
![Cosco: Container Traffic Decline at Piraeus Port Continues](https://www.ot.gr/wp-content/uploads/2024/07/olp1-scaled-1-2048x1312-1-600x384.jpg)
Cosco: Container Traffic Decline at Piraeus Port Continues
This strategic shift has diminished Piraeus's standing as a prominent Mediterranean port and a key transshipment hub post-Suez Canal.
![Gov’t Eyes Return of Power Subsidies Amid Spike in Rates](https://www.ot.gr/wp-content/uploads/2024/07/power-lines-2048x1365-1-600x400.jpg)
Gov’t Eyes Return of Power Subsidies Amid Spike in Rates
According to reports, the government will resume an electricity subsidization program, given that forecasts cite disruptions – i.e. higher rates
![ELSTAT: 6.3% Increase in Output Price Index for Agriculture and Livestock](https://www.ot.gr/wp-content/uploads/2024/07/ot_georg_PROIONTA_money-1-600x352.png)
ELSTAT: 6.3% Increase in Output Price Index for Agriculture and Livestock
The 6.3% rise in May 2024 is largely driven by an 8.8% increase in the crop output group, particularly due to changes in olive oil prices, and a 0.5% increase in the animal output group.
![Balkans Blackout Highlights Climate Threats to Power Grids](https://www.ot.gr/wp-content/uploads/2024/07/blackout-1-600x457.png)
Balkans Blackout Highlights Climate Threats to Power Grids
The surge in electricity demand during the heat wave and the power deficit in Balkan markets have driven up prices in the Greek wholesale electricity market.
![Greece in Top 4 Destinations Favored by European Tourists](https://www.ot.gr/wp-content/uploads/2021/06/ploio-600x400.jpg)
Greece in Top 4 Destinations Favored by European Tourists
Greece was selected by 5.9% of respondents who were asked where they would vacation this year, up from 5.4% in the same survey last year
![Scope Affirms Greece’s BBB- Ratings; Revises Outlook to Positive](https://www.ot.gr/wp-content/uploads/2024/06/euros-2048x1365-1-600x400.jpg)
Scope Affirms Greece’s BBB- Ratings; Revises Outlook to Positive
The international ratings firm raised Greece to investment grade in early August 2023
![First Seaplane Test Flights to Skopelos, Alonissos, Skyros](https://www.ot.gr/wp-content/uploads/2024/06/hellenic-seaplanes-pilotikes-ptiseis-ydatino-pedio-lavriou-600x450.jpeg)
First Seaplane Test Flights to Skopelos, Alonissos, Skyros
After decades of on-again, off-again efforts to schedule regular seaplane routes to Greece's numerous island and coastal destinations the prospect now appears within sight
![ELSTAT- Overall Import Price Index for May 2024 up 2.8% y-o-y](https://www.ot.gr/wp-content/uploads/2023/08/unnamed-41.jpg)
ELSTAT- Overall Import Price Index for May 2024 up 2.8% y-o-y
The same price index had decreased 20.8% from May 2022 to May 2023
![Over 7 in 10 Employees Feel Their Contributions Are Not Appreciated](https://www.ot.gr/wp-content/uploads/2024/06/ergasia-ergazomenos-600x300.jpg)
Over 7 in 10 Employees Feel Their Contributions Are Not Appreciated
Specifically, the option "Subjective opinions are prioritized over objective data" ranked highest in importance for young employees, with a score of 3.89 out of 4
![OECD: Job Vacancies on the Rise in Greece](https://www.ot.gr/wp-content/uploads/2024/07/ergasiabusinness-768x556-1-1-600x434.jpeg)
OECD: Job Vacancies on the Rise in Greece
By the fourth quarter of 2023, job vacancies per unemployed person had risen by more than 4, with the index reaching 446 units compared to 100 units in late 2019